[ANN] [ICO] DEBITUM NETWORK - Borderless SME business funding ecosystem

[Debitum]

I could not find the road map and use of proceeds in case of min/soft/hard cap. Could you please direct me to it or share a few words in here? Thanks.

To successfully launch Debitum Network on a global scale we have to launch (setup operations, reach target counterparties, run marketing campaign, establish proxy teams etc.), region by region. As our company will be established and as we possess significant experience in alternative finance industry in Europe, we will first build Debitum Network operations in Europe. Then we will consequently move to Middle East, Southeast Asia, South America, Central America and parts of Africa.

To find out more read our TGE document (https://debitum.network/assets/files/Debitum-TGE-Document-v2.0.pdf?v=1000)

[Debitum]

Debitum Network bounty campaign has been announced. Please check the link for more details: https://bitcointalk.org/index.php?topic=2361872.0

[Debitum]

Where is your team located btw?

Our existing FinTech and IT businesses are setup in Vilnius, Lithuania 🇱🇹 (European Union). Hence also most of the Debitum Network team is sitting in the same office.

We have some team members and advisors from other locations - mostly London, UK.

If you are in Vilnius - get in touch and come visit!

[finvestor]

Hi, how does the product actually work in case of full blockchain/crypto solution? Thanks.

[Debitum]

Hi, how does the product actually work in case of full blockchain/crypto solution? Thanks.

An operator company provides a human engagement interface for every actor of Debitum Network (a website or an app plus the relations procedure), Debitum provides most of the back-end. Principal capital moves by the ordinary means as it is considered to be ‘physical goods’. In case of full-crypto scenario, crypto is transferrred to the borrower and later it is returned to investors to cover interest and other fees (such as insurance or debt collection). Most important actions of service providers and other actors are written on blockchain by using Debitum tokens, in this way transparency and trust is ensured. Debitum Network operators will ensure smooth fiat-crypto interaction at the beginning of Debitum Network development until crypto payments become mainstream. At very beginning factoring services will be offered for small businesses as Debitum Network team has extensive experience in this space. Many more credit products will be offered straight off - credits, credit lines, VAT refunds, leasing etc.

[Debitum]

Our co-founder Donatas Juodelis speaking on video interview about why potential investors feels excited about DEB crowdsale. Check it out:
https://www.youtube.com/watch?v=UB50FwxbSZ0&feature=youtu.be

[y4y4n8]

Reserve update,,
Debitum will be great project...I wish be a part of this project as soon as possible..
good luck DEBITUM

[zgrdyg]

Project has a great idea. Funding SMEs is one of the biggest problems in the my country also worldwide.
Great ideas doesnt easily reach the necessary funding easily but as i understand your project provides that.
Good luck.

[arrey007]

It is a huge project with big amount of softcap and hardcap.
which is softcap is 50,000 eth = $15m (with 1eth=$300) and hard cap is 200,000 eth = $60m (with 1eth=$300)
WOOOOWW..its amazing

[arrey007]

How many the total supply of DEB token?
I didn't see it on TGE and Whitepaper

[y4y4n8]

How many the total supply of DEB token?
I didn't see it on TGE and Whitepaper

Total token supply: 1 billion tokens
60% coins will be sold during the crowdsale
15% coins will be hold as reserve
10% coins supporters share. Vested for 6 months
15% coins teams share. Vested for 12 months

Thanks

[Alt.Estate]

If ICO starts at the end of November, are you on the pre-sale now? What are the terms? Could not find the information. Thanks.

[Debitum]

Project has a great idea. Funding SMEs is one of the biggest problems in the my country also worldwide.
Great ideas doesnt easily reach the necessary funding easily but as i understand your project provides that.
Good luck.

Hi, thanks for for good words. Where are you from?

[Debitum]

FAQ has been added to our website. Many questions from the business and token/crowdsale side are covered:
https://debitum.network/faq

[Debitum]

Lex Sokolin, a well known fintech entrepreneur, has joined our advisory board. He believes Debitum Network vision and blockchain approach could help entrepreneurs around the world to access the credit market.
https://www.linkedin.com/pulse/advising-crypto-startups-lex-sokolin/?trackingId=%2B7yPs9tvwPxdn1MMo7LZTg%3D%3D

[Debitum]

Russian and Chinese versions of our website has been added:
https://debitum.network/home-cn

[FundCoin.io]

Hello there! Do you plan any pre-sale?

[Debitum]

Hello there! Do you plan any pre-sale?

Thanks for the interest, FundCoin.io. We will not have a pre-sale. Our crowdsale starts on 30th November.

You are welcome to join our Telegram community to keep updated and be part of our project or ask us additional questions.

[Debitum]

Our renewed White Paper has been published. Check it out and give us your feedback:
https://debitum.network/assets/files/Debitum-White-Paper.pdf

[foxy]

I don't know how I missed it at first but I Just read your announcement post and I have to say the team behind the project looks quite impressive.